Popeyes Louisiana Kitchen’s Post

#BurgerKing parent #RestaurantBrandsInternational (TSX:QSR, NYSE:QSR) has inked a deal to buy the #CarrolsRestaurant Group, the largest Burger King franchisee in the US, for $1 billion.  Carrols operates 1,022 locations across 23 states, along with 60 #Popeyes locations in 6 states.  The deal values Carrols at $9.55 per share. Shares of the company 13% to $9.52 Tuesday morning, while Restaurant Brands stock fell 3% to $76.06.  The move is part of a strategy to grow sales and improve franchisee profits, according to reports. Specifically, Burger King expects to invest $500 million to remodel 600 of the newly acquired locations.  In addition to Burger King and Popeyes, Restaurant Brands also owns #TimHortons (TSX:THI) and #FirehouseSubs.  More at #Proactive #ProactiveInvestors #TSX #NYSE #QSR http://ow.ly/hAPy10595N3

Think of McDonald's. What comes to mind? Burgers? Fries? But, did you know that McDonald's is not a burger company? It is a real estate company. What? Yes, you read that right. The majority of McDonald's profits come from franchising their restaurants and the land that these locations sit on. This is where the company's true wealth lies. The real estate they own provides a great source of passive income. The concept is simple: McDonald's buys or leases land and charges franchisees rent to operate on the land. Not only do they benefit from the rent, but they also get a cut of the franchisees' profits as well. It’s a win-win situation for McDonald's. So, next time you think of McDonald's, remember that they are more than just a burger chain. They are a smart real estate company that's been around for over 60 years.

I Think this interview explains exactly how the business gotta be interpreted nowadays. The keynote of Mr #PatrickDoyle underlines how has to act a franchisee in terms of managing his economy business. Its principles: #connectingtothecustomers #hiringgreatpeople #traininggreatpeople #deliverygreatservice #makinggreatfood Anyway: #itssallaboutthepeopleforever

After 11 restaurant openings and a 13% increase in transaction count in 2023 , Pollo Campero, the Central American chicken franchise is continuing rapid growth across the U.S. Last year, the system opened 11 new U.S. restaurants, surpassed $275 million in systemwide revenue and increased its transaction count by over 13%. “2023 was a great year for our growth, both in terms of unit count and other progress made for the system as a whole,” Blas Escarcega, vice president of franchise development, told QSR. “In addition to opening 11 new restaurants, we were able to launch a breakfast menu at some locations and introduce a new prototype to the St. Cloud, Florida community. The entire system also saw a 19% increase in sales year over year, illustrating the continued demand for our flavorful chicken meals in all the markets we enter.” Now, the brand is looking to continue this momentum through 2024. Pollo Campero is set to cross the 100-restaurant mark in the U.S. in March, and has plans to open at least 25 total restaurants this year. It is also looking to award five new franchises this year, focusing on development in Tennessee, North Carolina, South Carolina, Northern Florida, Utah, South Texas and Colorado. #restaurant #franchise 📣 https://lnkd.in/gi8-Eq7n

Calling all restaruant franchise owners/managers/investors. Having the right tools is key and we are here to make your life easier with the right technology and integrations. Inbox me for details. #proliant #solutions #worksmarternotharder #peoplefirst

Are you a quick-service restaurant franchise? If so, we have the perfect opportunity for you! Join us on April 11 for a live webinar where we will provide a comprehensive roadmap for QSR franchisees to tackle the unique challenges and leverage the opportunities in human capital management as we move through 2024. Save your spot today! https://hubs.ly/Q02rSxKR0 #QSR #HCM #EmployeeEngagement"

In $YUM and Taco Bell this is exactly the kind of franchisor leadership seen that keeps the brand market leading and with the most attractive store level economics and M&A demand in the US per all the data and experts I talk to. The focus to lower CAPEX is essential right now with cost of new units up 30/40% from 2019 levels. This also may be an infill solution.

McDonald's announces ambitious expansion plans to reach 50,000 restaurants by 2027, marking a new era for the iconic brand. The article discusses the innovations and successful milestones. #McDonalds #McDonald #FastFoodIndustry #BusinessGoals #GoalSetting #BusinessSuccess #BrandGrowth #BusinessExpansion

More exciting news from the Sbarro team!

"Nelsen joins the Denver-based Smashburger restaurant after 30+ years in the industry, most recently as senior vice president of U.S. operations at Starbucks" Joanna Fantozzi at Nation's Restaurant News writes - "Smashburger announced Wednesday the appointment of former Starbucks executive, Denise Nelsen, as the Denver, Colo.-based burger chain’s new CEO. Nelsen has more than 30 years of experience in the foodservice industry, most recently as senior vice president of U.S. operations at Starbucks. Nelsen’s appointment follows the departure of former Smashburger president, Carl Bachmann, who left the brand to join BurgerFi last year. Nelsen officially joined Smashburger as incoming CEO in January, and has plans to drive culinary innovation, guest experience and the brand’s industry footprint. We are thrilled to welcome Denise Nelsen as Smashburger's newest CEO. With her extensive experience and proven leadership in the food and beverage industry, she is set to propel the brand into a new era of growth," Jollibee Group of Companies President and CEO Ernesto Tanmantiong said in a statement. "Her appointment signifies the Jollibee Group's commitment to excellence and diversity. With all her capabilities and energy, we are confident that she can drive success for Smashburger, thereby contributing to the growth of the Jollibee Group as a whole." Before joining Smashburger, Nelsen held multiple leadership positions at Starbucks, rising through the ranks from barista to to senior vice president of human resources of North America for the coffee giant, and she led the company’s U.S. business for nearly five years. "I'm excited and energized to officially step into the position of Chief Executive Officer at Smashburger,” Nelsen said in a statement. “With an unmatched dedication to guest satisfaction, Smashburger has consistently set the standard across the fast-casual industry and I'm looking forward to working with the executive team to continue the brand's legacy. As we embark on various new brand ventures in 2024, I'm eager to support our continuous efforts to stay at the forefront of taste innovation in the industry, while collaborating with our international expansion teams to bring the joys of Smashburger to more guests worldwide." #entrepreneur #entrepreneurship #Restaurants #Franchise #Franchising #FranchiseChat Chainformation RAAMP Altir Industries, Inc. Franchise Pipeline Franchise Development Outsource Ned Lyerly Joe Caruso Michael (Mike) Webster PhD Anders Hall Landrum Randolph Jonathan Martin Michael Scherr https://lnkd.in/g_SEPESw